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Topic: iBelink DM11G - 10800mhs x11 miner - SECOND CHANCE 76 UNITS AVAILABLE - $6750 - page 7. (Read 11075 times)

legendary
Activity: 980
Merit: 1001
aka "whocares"
CAN SOMEONE JUST SPIT IT OUT, IS IT THE MANUFACTURER OR THIS SO CALLED "PRIVATE GROUP" THATS SHADY?

The "Private Group"  the manufacturer seems great

So why must you go through the 'private group' to deal with the manufacturer? Can a direct deal not be organised at the $4998 price?

Yes but it gets messy like this and the manufacturer does not want to do it.   Which is very smart

So how did the 2 users form this forum get the ability to broker a deal?

It is not really brokering.  They say they are going to buy 100.  It appears they do not have the funds to cover the 100 units and want the community to cover it for them.

Now it makes more sense, yes shady to take nearly 1/4 of the stock without disclosing it.

Originally the numbers worked out for 20 units free but when Bittawn got involved the numbers changed to be 24 units.  Makes me wonder if he is now involved with the "deal" and is getting the 4 extra free ones.  You be the judge.
sr. member
Activity: 306
Merit: 251
CAN SOMEONE JUST SPIT IT OUT, IS IT THE MANUFACTURER OR THIS SO CALLED "PRIVATE GROUP" THATS SHADY?

The "Private Group"  the manufacturer seems great

So why must you go through the 'private group' to deal with the manufacturer? Can a direct deal not be organised at the $4998 price?

Yes but it gets messy like this and the manufacturer does not want to do it.   Which is very smart

So how did the 2 users form this forum get the ability to broker a deal?

It is not really brokering.  They say they are going to buy 100.  It appears they do not have the funds to cover the 100 units and want the community to cover it for them.

Now it makes more sense, yes shady to take nearly 1/4 of the stock without disclosing it.
sr. member
Activity: 378
Merit: 250
CAN SOMEONE JUST SPIT IT OUT, IS IT THE MANUFACTURER OR THIS SO CALLED "PRIVATE GROUP" THATS SHADY?

The "Private Group",  the manufacturer seems great

thank you!! you guys got me worried there with ibelink.
legendary
Activity: 980
Merit: 1001
aka "whocares"
CAN SOMEONE JUST SPIT IT OUT, IS IT THE MANUFACTURER OR THIS SO CALLED "PRIVATE GROUP" THATS SHADY?

The "Private Group"  the manufacturer seems great

So why must you go through the 'private group' to deal with the manufacturer? Can a direct deal not be organised at the $4998 price?

Yes but it gets messy like this and the manufacturer does not want to do it.   Which is very smart

So how did the 2 users form this forum get the ability to broker a deal?

It is not really brokering.  They say they are going to buy 100.  It appears they do not have the funds to cover the 100 units and want the community to cover it for them.
sr. member
Activity: 306
Merit: 251
CAN SOMEONE JUST SPIT IT OUT, IS IT THE MANUFACTURER OR THIS SO CALLED "PRIVATE GROUP" THATS SHADY?

The "Private Group"  the manufacturer seems great

So why must you go through the 'private group' to deal with the manufacturer? Can a direct deal not be organised at the $4998 price?

Yes but it gets messy like this and the manufacturer does not want to do it.   Which is very smart

So how did the 2 users form this forum get the ability to broker a deal?
legendary
Activity: 980
Merit: 1001
aka "whocares"
CAN SOMEONE JUST SPIT IT OUT, IS IT THE MANUFACTURER OR THIS SO CALLED "PRIVATE GROUP" THATS SHADY?

The "Private Group"  the manufacturer seems great

So why must you go through the 'private group' to deal with the manufacturer? Can a direct deal not be organised at the $4998 price?

Yes but it gets messy like this and the manufacturer does not want to do it.   Which is very smart
sr. member
Activity: 544
Merit: 250
they may not have paid but its secured... ask the manufacturer and say bittawm

That means NOTHING until money changes hands.   They were counting on the 80-100 we were going to order most likely.

To be honest, kilo17 is correct on this one, because if there is no money/collateral tendered, then it isn't 100% secured no matter what. Lets say I decide to buy a Lamborghini and secured a contract saying so, so they do not sell that specific one to anyone else and only reserve it for me. If there is no money/collateral tendered, then I can freely backout and give them the finger a month later.
sr. member
Activity: 306
Merit: 251
CAN SOMEONE JUST SPIT IT OUT, IS IT THE MANUFACTURER OR THIS SO CALLED "PRIVATE GROUP" THATS SHADY?

The "Private Group"  the manufacturer seems great

So why must you go through the 'private group' to deal with the manufacturer? Can a direct deal not be organised at the $4998 price?
legendary
Activity: 980
Merit: 1001
aka "whocares"

private sellers are well trusted forum members

the private sellers will be identified to buyers before sale



They are buckrodgers and Mindtrip.

I will contact iBelink about this thread right now.     DONE
legendary
Activity: 980
Merit: 1001
aka "whocares"
CAN SOMEONE JUST SPIT IT OUT, IS IT THE MANUFACTURER OR THIS SO CALLED "PRIVATE GROUP" THATS SHADY?

The "Private Group",  the manufacturer seems great
legendary
Activity: 1894
Merit: 1087
Let's see


FASTEST MINER AVAILABLE - check

MUST BE PREPAID - check

PRIVATE INVESTORS - check


Hhhmmm


SCAM

private sellers are well trusted forum members

the private sellers will be identified to buyers before sale

buyers will all have individual contracts to sign also

we can pay direct to manufacturer
sr. member
Activity: 378
Merit: 250
CAN SOMEONE JUST SPIT IT OUT, IS IT THE MANUFACTURER OR THIS SO CALLED "PRIVATE GROUP" THATS SHADY?
legendary
Activity: 980
Merit: 1001
aka "whocares"
Here is the bottom line.   The "Private Group" is trying to pull a fast one on the community.  Here is how it plays out.

76 units is "NOT" selling extra on top of 100.  That is complete bullshit.  They want YOU, the community, to take ALL of the risk.

The cost per unit is $4998 from the manufacturer.  I know because I have a contract.  That means they need $500,000, half now and half at shipping time.  So basically they need $250,000 as a down payment.  Here is where it gets interesting:

They charge $6750/unit.  They get YOU to put in half of that for 76 units.  Guess what:

$3375 * 76 = $256,500.  

So now 2 things can happen:

1 - They do not get delivered and everyone loses.  EXCEPT for the "Private Group" who invested ZERO dollars.

2 - They do get delivered and you pay the other half of your money which totals $256,500.  They get a FREE 24 Units and they took ZERO RISK with their money.

so THEY really DO NOT need you to buy 76 units, they need you to buy 100 units and they get 24 FREE

Good Luck

I needed to change the title so people do not think I am promoting this deal
legendary
Activity: 980
Merit: 1001
aka "whocares"
I am aware of 4 separate deals this manufacture is doing, or has proposed.  Each of them have been for 5k per miner.  For them to all of a sudden be $6750, when I know the other 3 of the 4 other deals have had time extensions to pay, is very unlikely.

I have always appreciated this mining community because we have mostly had each other's backs.  This sort of stuff is distasteful if true that there is built in costs not discussed with the community.  If you feel your time is worth a few extra miners, then say it and disclose it.  I don't think any of us would fault for that.  As soon as it is hidden, that is when trust is broken and we start to devolve into just another shitty community.

Reelan is a friend of mine and was also lied to by these people.  There are several of us.   
full member
Activity: 189
Merit: 100
I am aware of 4 separate deals this manufacture is doing, or has proposed.  Each of them have been for 5k per miner.  For them to all of a sudden be $6750, when I know the other 3 of the 4 other deals have had time extensions to pay, is very unlikely.

I have always appreciated this mining community because we have mostly had each other's backs.  This sort of stuff is distasteful if true that there is built in costs not discussed with the community.  If you feel your time is worth a few extra miners, then say it and disclose it.  I don't think any of us would fault for that.  As soon as it is hidden, that is when trust is broken and we start to devolve into just another shitty community.
sr. member
Activity: 306
Merit: 251
Let's see


FASTEST MINER AVAILABLE by 9 fold - check

MUST BE PREPAID - check

PRIVATE INVESTORS - check


Hhhmmm


SCAM

Fixed that for you. Baikals fastest product is 1.2GH/s so this is 9 times faster than that. Not a bad jump from iBeLinks last X11 miner of 384Mh/S. Thats 28x their existing product.
legendary
Activity: 1120
Merit: 1000
Let's see


FASTEST MINER AVAILABLE - check

MUST BE PREPAID - check

PRIVATE INVESTORS - check


Hhhmmm


SCAM
legendary
Activity: 1894
Merit: 1087
they may not have paid but its secured... ask the manufacturer and say bittawm

That means NOTHING until money changes hands.   They were counting on the 80-100 we were going to order most likely.

I think you will find it does... ask the manufacturer...say bittawm
legendary
Activity: 980
Merit: 1001
aka "whocares"
Let us get serious Bittawn.  Answer this question:

You know there is a great likelihood what I am saying is true.  Are you saying that you are willing to RISK $500,000 of the community's money when there is a question about the integrity of the people you are doing business with on this deal
legendary
Activity: 980
Merit: 1001
aka "whocares"
they may not have paid but its secured... ask the manufacturer and say bittawm

That means NOTHING until money changes hands.   They were counting on the 80-100 we were going to order most likely.
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